Wednesday, September 16, 2009

FAP Turbo. Successful or Just Pretty?

The FAP Turbo forex robot trades automatically. It’s a computer program – nothing more. How does one judge, or review, a computer program?
The ultimate judgement criteria of a computer program is obviously that it does what its designers intended it to do. Other criteria, such as ease-of-use, cost etc are of much less importance, particularly with a forex trading robot. Would you rather have a cheap, easy-to-use program or one that works?
So, does Fap turbo do what its designers intended it to do? The program was intended to trade successfully and proifitably on the forex. Some users claim 95% of FAP Turbo trades in the ‘real’ world are profitable. This is impressive as most human traders can only wish to trade that successfully!
Consider the great ease of use of Fap Turbo and its remarkably low price as bonuses. It’s priced very inexpensively for a forex product and it is really very easy to use.
When comparing robot software it is very important to separate those robots whose success is claimed on so-called ‘back-tests’ or testing on historical data and those forex programs whose trading claims are made in a live trading environment. Testing a program against historical data is no guarantee that the program will perform as accurately in the real world because the complex interrelationship of factors affecting trading are never the same. The ‘real’ world of trading is always unique.
Fap turbo claims its success rate on live, real-world, tests and data. This is the reason it beats the competition.
The Fap turbo system utilises 2 trading strategies:
The Scalping System – this is a short term trade which involves taking small profits, and taking them often. The FAP Turbo scalper is designed to trade EUR/GBP, EUR/CHF, GBP/CHF and USD/CAD on a 15 minute chart. And this is NOT a ‘traditional scalper’ (which does high volume of small trades around the spread), instead it aims to make 1 – 5 trades per day using a tight profit target of 6 to 15 pip.
The longer term method involves trades on a 4 hour (or longer) time frame, then holding onto those positions for bigger profits.
By the way, you can run both these strategies at the same time to maximize your potential profits, and spread the risk between the two trading methods.
The possibility exists to lose money trading the forex. The beauty of Fap turbo is that you can test the program on a demo account – using pretend money – until you are satisfied that it will trade profitably for you.
The program is backed by a 60 day money-back guarantee so if you cannot get it to trade profitably for you in that time, in demo mode, you can claim a refund of the full purchase price – no questions asked. There’s absolutely no risk.

No comments: